China Regulator Says Bond-Market Risks Controllable

BEIJING—Risks on China's bond market are controllable overall, although the possibility of individual cases of default cannot be ruled out, Zhang Xiaojun, spokesman of the China Securities Regulatory Commission, said Friday.

The comments came after Shanghai Chaori Solar Energy Science & Technology Co., a Chinese solar-equipment maker, became the first domestic corporate bond default when it failed to meet interest repayments last week. On March 7, Shanghai Chaori failed to pay all of the coupons due on the five-year...